published on 14 November 2016
What is Tax-Free Childcare?
Tax-Free Childcare is a new Government scheme to help working families with their childcare costs.
The scheme will allow parents to open online childcare accounts to pay their registered childcare providers directly. For every £8 parents pay in to these accounts, the Government will add £2, and the total amount in the account can only be spent on childcare. Parents can receive up to £2,000 in Government support per child, per year, or £4,000 for disabled children.
If you are a childcare provider you’ll need to have signed up for Tax-Free Childcare to be able to receive payments from any of your customers via the scheme.Back to News Articles